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About this home

**OH Sat 1-3pm** Only a few homes left | #2 features an elevator, double garage & private yard space. Steps from the sand & surf in friendly Cadboro Bay Village is The Osprey. 14 modern townhomes designed for living life to the fullest in one of the most scenic and walkable neighbourhoods in Greater Victoria. Each distinct floor plan offers an expansive living room, dining room and kitchen on the main level & two large top-floor bedrooms with views of the ocean or surrounding village. Primary bedroom boasts a large 5 pce ensuite, walk-in closet and balcony. An additional ground floor flex room provides endless opportunities for guest space plus private bathroom. Designed for comfort with engineered flooring throughout, large windows with automatic blinds & custom millwork w/ designer hardware. Luxurious kitchen with European appliance package & quartz waterfall countertop. Energy efficient heat pump & gas on demand hot water. Built by award winning GT Mann Contracting, MOVE-IN NOW

Home facts

Bedrooms: 3
Bathrooms: 4 full
Interior: 2,133 sq ft
Lot size: 2,133 sq ft
Year built: 2024
Parking: 2
Property type: Single Family
Garage: Yes
Fireplace: 1
Area: Cadboro Bay
Listed: October 19, 2026
Structure: Row / Townhouse
PID: 032-213-794
Common interest: Condo/Strata

Highlights

Balcony
Private yard
Double garage

Features and inclusions

Appliances: Washer, Refrigerator, Dishwasher, Dryer, Microwave
Heating: Heat Pump
Cooling: Air Conditioned
Parking: Attached Garage, Garage, Visitor Parking
Community: Family Oriented, Pets Allowed

Rooms and building

Water
Zoning: Multi-Family

Listed by RE/MAX Camosun. Last updated Nov 8, 2026, 3:15 PM.

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

Monthly and upfront costs

Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.

Monthly ownership costs

Principal and interest: $7,816
Property tax: $483/mo
Home insurance: $150/mo
Estimated monthly total: $8,449

Purchase snapshot

List price: $1,649,000
Down payment: $329,800 (20%)
Estimated mortgage: $1,319,200

Estimates only. They leave out utilities, upkeep and closing costs.

Stress test this mortgage

Neighbourhood

Open the map

Walk to Pepper's Foods2 min

Bike to Swift Street Landing31 min

Walk to Swift Street Landing1h 44m

Drive to downtown Vancouver3h 42m

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 60%

Homes for sale nearby, by type

Detached84 for sale

Townhouse28 for sale

Condo / Apartment18 for sale

Duplex5 for sale

Land4 for sale

Active listings within 3 km of this home.

Homes built in Saanich, by type

Single-detached70.5% · 155

Apartment in duplex13.6% · 30

Low-rise apartment9.1% · 20

Row house4.5% · 10

Semi-detached2.3% · 5

Source: Statistics Canada, 2021 Census of Population. 220 dwellings.

Who lives here

Statistics Canada area 59170263 · Saanich

Median age: 57
Renter households: 21%
Average household size: 2.3
Median household income: $127,000

Population (2021): 496
Median rent: $2,200
Owner shelter cost: $1,040
30%+ of income on shelter: 17%
Owner households: 76%
Households with kids: 21%
Immigrants: 18%
Post-secondary: 59%
Average home value (2021): $1,980,000

Breakdown

$20,000 to $24,9992.5% · 5

$35,000 to $39,9995.0% · 10

$50,000 to $59,9995.0% · 10

$60,000 to $69,9995.0% · 10

$70,000 to $79,9997.5% · 15

$80,000 to $89,9992.5% · 5

$90,000 to $99,9995.0% · 10

$100,000 to $124,99912.5% · 25

$125,000 to $149,9997.5% · 15

$150,000 to $199,99915.0% · 30

$200,000 and over32.5% · 65

Source: Statistics Canada, 2021 Census Profile, dissemination area 59170263.

#2 – 2590 Penrhyn Street

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